Very stressful work environment with chance for advancement to a selected few

Senior Examiner (Former Employee) – Cleveland, OH – November 30, 2017

The FED was a great plCe to work when i started. The work environment has become stressful as well the officer group slanted grooming the younger employees for future officer and management position opening . At the same time overlooking older seasoned individuals . This has made for a hostile work environment on many teams in supervision and regulation.

It was as great place to work for unfortunately i was only there as a part time worker, but if i had the chance i would return there in a heart beat. the work environment was laid back management was great i learned all about the affordable care act, and the mist enjoyable part of the job was coming to work and interacting with my co-workers.

I found my experience working at FRB Cleveland to be fairly enjoyable on the whole. The major issue I had was receiving work assignments on Saturday or Sunday to be completed by Monday morning. This was generally isolated to time periods prior to deliverable due dates, though.

All the employees treated me as if I was actually one of them. I loved working there. I didn't mind waking up early on my summer break. I couldn't wait until I got to work again. I actually miss it. I hope in my future I get a full time job there.

Highly political work environment. Benefits are good, but not outstanding. The Fed Bank will go through purges and staff will be let go with no warning. Co-workers are kind and hard working. The local branch is overseen in a heavy handed manner from the headquarters in Cleveland. Very cliquish atmosphere with some people promoted well beyond their capabilities or skills depending upon who they are friends with. Senior management promotes employee engagement, but most is lip service. Very similar atmosphere to Social Security or other government office.

Worked with a variety of application systems, including Treasury Tax and Loan, Savings Bonds, Check Processing System and Bond Redemption. Responsible for installing the first Automated Clearing House (ACH) for the 4th Federal Reserve District.

Worked under strict deadlines and responded to emergency.The hardest part of the job is making sure the money file are transfer bythe set deadline. My co-workers had become my best friends. We had each other back and worked as a team. It take teamwork to sometime get the job done.

The Federal Reserve Bank of Cleveland is an amazing place to work the people are nice and there are many ways to network and meet new people. This company is an amazing place to intern because they give you a real taste of what you will be doing once you are finished with your education and you will leave with mentors that will help you along the way.

I have seen a lot of changes over the years, some good but some bad. After the financial crisis the focus on documenting all aspects of work has taken over and we spend more time documenting then we do on the actual work. Thus, the work-life balance has shifted, what used to be one of the best features is there in theory, but usually we are too busy working on core work to take advantage. Management and the officer teams have given in to pressures and do not support staff in maintaining an acceptable workload and work life balance. Still have great benefits (although seeing some changes) and continual learning opportunities.